The Business Times, 12 October 1996

Microfilm: NL20727
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, OCTOBER 12-13,1996
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  • Article
    MARKET SUMMARY
    47 1 D SnJB (-33.92) PI BTOOMP 11 21*57 (-21.67) niMRA M«L27 (-13.53) ntcK mott mm KLSECOMP 1140.74 +1.« NIKKEI 20M8.lt +f7J» HANG SENG *****.40 -24.07 SET INDEX mtn 4.14 JAKARTA COUP 871.22 +UI MANILA COUP 2V72J0 -2&70 TAffnWP! K78JC -U0 SEOUL 00MP——g04£i^.+M mmKMKr.-JMM~-Z.7itM DOW ..llSpS +4M4
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  • Article
    FINANCE
    60 1 MMMBItfB 08$ 81 0SI_ 14* X 1173 1117 S> >5 S mi im m ni» o.ia BAHT UNI MKS RUP1AH1M IM MM PUKE BATES SINGAPORE* 144 JAKARTA ...__IZZ -..18.ee bonbbono iS TAJFH- W SYDHEY. UTS ratio sj> SEOUL MJS ZURICH** S-M F*Awnntr- <—am LONDON kT% NEW YORK 8* Averse
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  • Article
    Economists cut 3rd-qtr growth forecast to 3.4%
    697 1  -  Short-term outlook dondy bat repeat of 1985-86 recession nnlikely By, Anna Teo [SINGAPORE] In the wake of a sharp decline in August industrial output announced this week, forecasts of third-quar-ter economic growth have plunged to a 3.4 per cent average, with the most
    697 words
  • Article, Illustration
    Lock icon STII falls below 2,100 to lowest level in 11 months
    371 1  -  Market worried that economy will slow more than expected By' Paul Leo [SINGAPORE] The bourse fell to its lowest level in 11 months yesterday on worries that the economy would slow down much more than expected. The benchmark Straits Times
    ALLAN  -  371 words
  • Article
    Lock icon S Korea joins rich man's club
    326 1 Seoul welcomes OECD decision despite qualms over opening its economy AFP [SEOUL] South Korea has been approved as a member of the rich man's club, the Organisation for Economic Cooperation and Development. The council of the OECD announced this in Paris yesterday, and it
    AFP  -  326 words
  • Article, Illustration
    Jumabhoys said to be settling row out of court
    478 1  -  Former MD R&fiq believed to be making general offer for Scotts under deal being planned &y Conrad Raj [SINGAPORE] The Jumabhoy clan is said to be planning an out-of-court settlement of their dispute over a 42 per cent stake in Scotts
    478 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      110 1 maiDE Top economist Jagdish Bhagwati analyses trends in world trade. He also talks about wayß to make the World Trade Organisation (WTO) a more efficient body, BL2 IbUinilb The middle-class in Indonesia has become increasingly visible, ELI MEWS VALUE thispg. Confidence is eroding, fast J—Hije |liwhH 1 rf court aecthaot,
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      Page 1 Advertisements Column 2
      4 1 Market commentary, Pg 16
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      Page 1 Advertisements Column 3
      24 1 Hyundai Electronics can be found in the equipment that measures the way storms travel. Helping us make the weather just that little more predictable.
      24 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        661 2 Those polled for their views on next week's Singapore stock market outlook are: Daiwa Securities, DBS Investment Research, Fraser, ING Barings, Merrill Lynch, Deutsche-Morgan, Peregrine, Phillip Securities ♦(Avoid) OCBC Investment Research, Oct 9 $0,805 THE shiprepair picture is far from encouraging with expansion of local capacity and
        661 words
      • Article, Illustration
        In My Opinion
        368 2  -  Gan Tee Jin Managing director GK Goh Research (KL), Malaysia iilklf ALAYSIA continI V| ues to confound the JLfX doom-sayers. A year ago, many economists likened the country to Mexico, when the current account deficit ballooned to dizzying heights. Before that, they felt that inflation will get
        368 words
    • Article
      Stocks: go for the long haul
      1017 2  -  Forget about timing the market Singapore investors can still find cheap stocks around with growth potential By. Lee Yoke Har [SINGAPORE] IT IS not fashionable to talk about buying stocks at the moment, given that stock market pundits are spooked by the spectre of
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    • Article, Illustration
      Lock icon Delifrance name seen as selling point for IPO
      562 2  -  STOCK WATCH By < Clarissa Tan [SINGAPORE] Even if you are not a keen follower of the stock market, you will probably know that Delifrance a name synonymous with baguettes, croissants and piped French pop music launched its initial public offering this
      FILE PHOTO  -  562 words
    • Article
      Unit trust performance ranking
      841 2 Next publication dale: Nov 9,1996 Ummk lit IHi <■»» lyr lyi tyw ir um*m Ml -*Jtt 4M LM Ml l» $.24 1 5.24 1 11.67 I 27.44 I 7.91 4 25.69 3 SbSSSSI. 3M 2 iS 2 S8 6 Sfl 10 -111? 10 ftu 7 SSSSS'A*"™
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    • Article
      Labroy offer is shipshape
      464 2  -  By Rahita Elias [SINGAPORE] Labroy Marine's initial public offer (IPO) could hardly have taken place at a worse time. The offer itself is a pretty solid one, which in the stockmarket's hey-day would probably have been oversubscribed several times over. At 69 cents, it is cheap
      464 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      DBS Land wins top tourism award
      466 3  -  Hotel title goes to Four Seasons; Frank J Benjamin's retail flair honoured By, Ang Wan May RAFFLES Hotel, Raffles City and Clarke Quay. These are just some of DBS Land Group's projects which have won it recognition as this year's Outstanding Contributor to Tourism.
      466 words
    • Article
      Boon Heng on how hotels can stay competitive
      223 3  -  Raise revenue-not room rates and reduce costs By. Agnes Wee TO REMAIN competitive, hotels should raise revenue (not room rates) as high as possible and reduce costs as much as possible, said Lim Boon Heng, Minister without Portfolio and NTUC secretary-general. Mr
      223 words
    • Article
      West Shandong officials here on business
      124 3 A DELEGATION of six officials from Liaocheng, Shandong is now in town to attract Singaporean investors to the prefecture. Organised by the Singa-pore-Shandong Business Council, the visit pre-empts a more formal Business Opportunities Conference scheduled for December. A total of 57 projects will be
      124 words
    • Article, Illustration
      PM on extending the ally concept
      484 3  -  PMGOH'S EUROPEAN VISIT By Yang Razali Kassim [ROTTERDAM) Prime Minister Goh Chok Tong yesterday described Rotterdam and Singapore as allies in the field of economic cooperation. Speaking during a tour of Rotterdam port. Mr Goh said he wanted to extend the concept of allies
      484 words
    • Article
      Jiangsu appoints 3rd leader to boost S'pore park progress
      432 3  -  BG Lee welcomes move; new man is native of Suzhou Frrmi' Teh Hooi Ling in Suzhou THE Jiangsu provincial government has strengthened the leadership of Suzhou City as part of its efforts to boost the progress of the SingaporeSuzhou Industrial Park
      432 words
    • Article
      Man charged with filing forged CPF nominee form
      134 3 THE Commercial Affairs Department yesterday charged Koh Yak Cher, a company manager, with dishonestly using a forged CPF nomination form to obtain funds from the CPF account of a deceased man, Khoo Hood Eng. If found guilty, Koh, 41, charged under Sections
      134 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      154 3 1^ P^H|§fcr ■OH| El pF I a 1 j|' j I BBiigr^^ European city right in the heart of the FarA? ■< I I for those who have experienced I I A place rich in European history and steeped JSM V < Jl4l^fe^ ri[ |B|) in Chinese traditions, Macau is
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  • REGION
    • Article, Illustration
      Contest for Umno's 2 top posts possible: Mahathir
      507 4  -  KUALA LUMPUR The barring of contest for top posts won't be institutionalised By Ven Sreenivasan UMNO president Mahathir Mohamad yesterday did not rule out the possibility of a contest for the two top posts in the party's next triennial elections in 1999.
      507 words
    • Article
      Lock icon Economic goals on track: Vietnam
      137 4 HANOI Reuter VIETNAM said yesterday it is on track to reach or surpass most of its economic targets for 1996, but officials indicated, concern over a range of problems including trade. A 25-page statement released ahead of next week's opening of the autumn National Assembly
      Reuter  -  137 words
    • Article
      Soccer grousing into a big business
      723 4  -  LETTER FROM BEUIMI backed by firms keen to got their names known in China By Peter Seldlitz INTERNATIONAL headlines about China frequently focus on the country's struggle to forge ahead in the economic race. But in what is a sign of the growing wealth
      723 words
    • Article
      Lock icon Ousted Indon MP wants to be president
      155 4 JAKARTA Reuter FORMER Indonesian legislator Sri Bintang Pamungkas, ousted from parliament and convicted of defaming President Suharto, yesterday said he would stand for president in 1998 to highlight the need for political change. Bintang, a university lecturer out on bail pending an appeal
      Reuter  -  155 words
    • Article, Illustration
      Lock icon Nobel Peace Prize goes to 2 E Timor activists
      260 4 OSLO AFP THE 1996 Nobel Peace Prize was awarded yesterday to two prominent opponents of Indonesian rule on the island of East Timor.' The two are the island's Roman Catholic Bishop Carlos Filipe Ximenes Belo and Jose Ramos Horta, spokesman for
      AFP  -  260 words
    • Article
      Lock icon Churches burnt, 5 killed in Java rampage
      133 4 I JAKARTA Reuter, AFP SEVERAL churches were destroyed and five people were killed in a rampage in the East Java town of Situbondo on Thursday. Police said five people a Pentecostal priest, his wife, two children and a church worker died after being
      Reuter,; AFP  -  133 words
    • Article
      Lock icon Thai investment project approvals down 13%
      229 4 BANGKOK AFP THE number of investment project approvals in Thailand fell 13 per cent from a year earlier in the first eight months of 1996, the Board of Investment (Bol) said yesterday. Secretary-general Staporn Kavitanon said the value of the 634 projects approved by
      AFP  -  229 words
    • Article
      Lock icon Philippine Senate coup hits stocks, raises business concerns
      273 4 MANILA Reuter A MOVE by opposition lawmakers to oust the Philippine Senate leader has spooked an already jittery stock market and analysts yesterday said the power struggle among the "Marcos boys" may discourage foreign investment. "Expect the stock market and foreign investments
      Reuter  -  273 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1551 4 CITY FLIGHT ETA FLIGHT ETD MMMM SWT7 1185 SOW! OOP AMaUa S0230 1830 0F82 2055 HoCMMtnh VN741 1300 VN740 MX) 0F81 1930 EK72 1730 S0174 1415 Amtntn RJ187 0130 SOl/i 1900 EK73 2340 Amsterdam KL843 0455 XL838 2300 HonqKonq S01 "25 UA806 0700 DL25 0650 S0346
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    • Article, Illustration
      Lock icon NZ polls risks for real, analysts warn investors
      368 5 WELLINGTON Fiscal slippage may occur; interest rates seen to rise by 25-30 basis points if opposition wins Reuter NEW Zealand's high real yields have continued to lure offshore funds despite today's general election, but analysts say foreign investors may be underestimating the
      Reuter  -  368 words
    • Article, Illustration
      Lock icon Mcbeefless burgers for India's masses
      134 5 NEW DELHI Reuter FAST-FOOD giant McDonald's Corp opens its first restaurant in India next week, but its "Maharaja Mac" will not contain any beef in keeping with Hindu religious practices, officials said yesterday. "This is the first (McDonald's) restaurant in the world which will go
      Reuter; AFP  -  134 words
    • Article
      Lock icon Ex-judge backs out of race to be chief exec
      201 5 HONGKONG Arthur Garcia finds it hard to gjet China committee's support AFP A RETIRED high court judge said yesterday he was withdrawing from the race to become Hongkong's first post-co-lonial government chief because of lack of support. Former high court judge
      AFP  -  201 words
    • Article
      Lock icon Economy gradually picking up despite weakness: Japan
      283 5 TOKYO Reuter JAPAN'S economic recovery is gradually progressing despite some weakness, and a continued easy credit policy by the Bank of Japan would help it along, the government said yesterday. "No one feels that the economy is rapidly recovering, but nor are there
      Reuter  -  283 words
    • Article, Illustration
      Lock icon Cliffhanger result seen for Kiwi polls
      166 5 AFP A CLIFFHANGER result has been predicted by opinion polls for New Zealand's first proportional representation election today. Mixed member proportional representation (MMP) which will raise parliament seats from 99 to a minimum 120 appears destined to produce a coalition government, last-minute polls indicate.
      AFP  -  166 words
    • Article
      Lock icon BJP fails to win outright majority in Uttar Pradesh
      422 5 LUCKNOW, India Polls result deals blow to party's ambition to win national power Reuter HINDU nationalists yesterday fell well short of their goal of winning an outright majority in elections in India's most populous state and suffered a blow in their
      Reuter  -  422 words
    • Article
      Lock icon Jiang era officially recognised in party resolution
      339 5 BEIJING AFP CHINA'S top leaders have confirmed the transition from ageing patriarch Deng Xiaoping by engraving the date of his successor's rise to power in party rhetoric, diplomats said yesterday. "The plenum resolution has added 1989 to the annals of Communist Party history,"
      AFP  -  339 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      316 4 CRYPTIC CROSSWORD ACROSS j p R G Bp I p I |B 1 The cards might be made stiller (8) 5 Note change given and hesitate (6) HE HR gH 9 The manicurist? (8) 10 Lay feeling under the weather all 1111 1 I I I I 12 Wine church
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      216 5 Appointments TO ADVERTISE CALL TOLL-FREE 1800-*****83 MARKETING INSTITUTE OF SINGAPORE I executive DIRECTOR I (Attractive compensation package plus a company car) I The Marketing Institute of Singapore (MIS) is a premium and non- 1 profit professional institution established since 1973, with a mission to promote marketing as a philosophy of
      216 words
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      Page 5 Advertisements Column 2
      137 5 SFSp A rfiK)lW™fe:lHK WW.jJsßfl wKKf^v ■> Wt« MBf* ~%Ji -flrw f*. •1% V--1 1189*2 ■L =?v Revival a fydtwwi %oufaqz 1U Vm* This delicate Chinese art, dates from as far Live demonstrations will be presented by back as the Sung Dynasty (ad%o) and blends the artist Chang, Shi-Jun during 11
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  • THE WORLD
    • Article
      Lock icon US producer prices up 0.2% in September
      626 6 WASHINGTON Increase could provide ammunition for Fed "hawks" keen on higher rates Bloomberg Business News PRICES paid to US factories, farmers and other producers increased a smaller-than-ex-pected 0.2 per cent in September, though the inflation outlook remained mixed, Labour Department figures showed yesterday.
      Bloomberg Business News  -  626 words
    • Article
      Lock icon US-China talks fail to resolve Beijing's WTO admission issue
      430 6 WASHINGTON US insists China most expand access for foreign goods AFP THE US and China failed this week to overcome differences blocking Beijing's admission to the World Trade Organisation (WTO), a US trade official disclosed on Thursday. "We didn't break any
      AFP  -  430 words
    • Article
      Ex-manager of Leeson to sue ING for £500,000
      228 6  -  LONDON By Neil Behrmann A FORMER London-based direct line manager of jailed trader Nick Leeson is claiming half a million pounds in unpaid bonuses from Barings. Mary Walz, former head of Barings equity derivatives trading, is taking action against Barings, now owned
      228 words
    • Article, Illustration
      Lock icon Major urges Tories to close ranks
      246 6 BOURNEMOUTH, England Reuter BRITISH Prime Minister Johni Major set the seal yesterday! on a rousing pre-election conference by urging his ruling Conservative Party to close ranks and fight for a fifth consecutive term of office. Mr Major, exuding confidence after pro and anti-Euro-pean factions
      Reuter; AFP  -  246 words
    • Article, Illustration
      Lock icon Clinton's US$100m plan to plug every home into Net
      469 6 KNOXVILLE. TENNESSEE Gore accuses Dole of backing big cats in research funds Reuter PRESIDENT Bill Clinton proposed on Thursday a US$lOO million (Ssl4o million) plan to expand the reach of the Internet while his running mate accused Republican Bob Dole of
      Reuter; AFP  -  469 words
    • WORLD Watch
      • Article
        Lock icon Swiss bid to end isolation
        58 6 AFP [GENEVA] Switzerland, which has always jealously guarded its neutrality, is set to join the North Atlantic Treaty Organisation's (Nato) Partnership for Peace by year's end in a bid to end its international isolation, Defence Minister Adolf Ogi said. But he said the Swiss would
        AFP  -  58 words
      • Article
        Lock icon Yeltsin calls on Russians to pay taxes
        40 6 Reuter [MOSCOW] President Boris Yeltsin made an impassioned appeal to Russians on radio yesterday to pay their taxes and provide the government with enough money to give millions of workers their unpaid wages.—Renter
        Reuter  -  40 words
      • Article
        Lock icon End Burundi war, urges Christopher
        48 6 Reuter [ARUSHA, Tanzania] US Secretary of State Warren Christopher called yesterday for an end to Burundi's ethnic war and urged its warring groups to begin all-party peace negotiations. He said the international community should be ready to act if the situation worsened. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Germany presents draft of tax reform
        47 6 Bloomberg Business News (BONN] Germany's ruling Christian Democratic Union presented a draft of its tax reform proposal, which calls for lower rates, a broader tax base and a new capital gains tax, ahead of its convention in Hanover later this month.
        Bloomberg Business News  -  47 words
      • Article
        Lock icon Apartheid era minister found not guilty
        59 6 Reuter [DURBAN, South Africa] Former hardline defence minister Magnus Malan, the highest-ranking figure of the old white regime to stand trial for atrocities against blacks was found not guilty of murder yesterday and set free. Mr Malan and others accused of masterminding and carrying
        Reuter  -  59 words
    • Article
      Lock icon Business confidence up in Europe: survey
      317 6 LONDON FT EUROPEAN leaders have been handed some good news when a business survey reported the first upturn in industrial confidence in 19 months. A European Commission survey of more than 25,000 companies reported healthier manufacturing output in August and September the first increase
      FT  -  317 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      419 6 Notice to holders of a Partial Redemption Province of Nova Scotia U.S. $500,000,000 Floating Rate Notes due 1999 NOTICE IS HEREBY GIVEN that pursuant to Condition s(d) of the above mentioned Notes (the "Notes") Province of Nova Scotia will, on 12th November, 1996, redeem U.S. $220,000,000 in principal amount of
      419 words
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      Page 6 Advertisements Column 2
      69 6 GROMARK PRECISION KEYPADS PTE LTD (In Marten' Voluntary Wnt^p) NOTICE IS HEREBY GIVEN that the Final Meeting of the abovenamed company wi« be heM at 138 Ceci Street, #18-00 Cecfl Court, Singapore *****8 on 04 November 1996 at 10.30 am for Vie purposes set out in Sections 308 and 320(3)
      69 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      42 6 DOONESBPRY By Garry Trudeau ACTUALLY, THAT*? NOT f axj, T BBKNIzmiS Mtzjptwr TRUB— IPfPMEANTD. W P Mt ABOUT mS MEAN TO JUST MIK3, WHAT WOULPTT TAKB IH I Pi ayMPrCS7 &WS/TB? BAR&/NANP FOR A 6/RIW G6T A UHA-TCVE6 ONP OiANCB 10TTH YOU
      42 words
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  • COMPANIES & MARKETS
    • Article
      Three Joseph Chong companies suspended
      431 7 Stakes in Wing Tiek, Westmont Industries may be sold to Westmont Land [KUALA LUMPUR] Trading of shares in Wing Tiek Holdings Bhd and two other companies related to financier Joseph Chong were halted pending an announcement, a Kuala Lumpur Stock Exchange official said. Wing Tiek,
      431 words
    • Article, Illustration
      Lock icon Astra shares rise as takeover talk resurfaces
      478 7 Soharto-tinked group eying stake in Indon car maker report Reuter [JAKARTA] Shares in Indonesia's largest car manufacturer Astra International surged yesterday after a newspaper reported that a group linked to President Suharto was looking for a stake. Brokers said rumours were rife that
      Reuter; FILE PHOTO  -  478 words
    • Article
      Astra an obvious takeover target as puzzle unravels
      683 7  -  HOCK LOCK SIEW S N Vasuki A COMPLEX jig-saw puzzle is beginning to fall into place. After several weeks of intense speculation, it is now obvious that PT Astra International is indeed facing a takeover bid. New lineup: In the next few
      683 words
    • Article
      Lock icon Deutsche Telekom buying 35% of Islacom
      449 7 German firm will own 10% direct stake and control 25% indirectly Bloomberg Business News (MANILA) Deutsche Telekom AG said it will pay US$243 million (***** million) for 35 per cent of Isla Communications Inc, a partnership that could change the competitive landscape of the
      Bloomberg Business News  -  449 words
    • Article, Illustration
      Lock icon PD Intl buyer of combined 13.19% stake in Causeway
      235 7 [SINGAPORE] Building materials manufacturer PD International was the buyer of the 9.82 million Causeway Investment shares that changed hands on Thursday at $1.70 each. Causeway said yesterday the shares were bought by Manufacture Element Prefabricate, a wholly-owned subsidiary of Allglass Services,
      Source: Bloomberg  -  235 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Nomura sees Asia as promising growth centre
        430 8  -  By ShivTaneja [SINGAPORE] Financial services giant Nomura Securities sees huge potential in Asia "the growth centre for the 21st century" as more Japanese companies invest in the area, Nomura's Tokyo-based executive managing director Katsuya Takanashi said here yesterday. Mr Takanashi, who was in
        430 words
      • Article
        San Miguel opens its third China brewery
        293 8  -  Baoding plant brings group's total beer capacity in China to 5m hectolitres a year From Al Labita in Manila LISTED homegrown conglomerate San Miguel Corp (SMC) opened its third brewery in China this week to cash in on the country's huge beer market
        293 words
      • Article
        Lock icon South Africa names seven bidders for 5-6b rand stake in Telkom
        380 8 Telekom Malaysia among contenders for the 20-30% stake Bloomberg Business News [JOHANNESBURG] South Africa's Posts, Telecommunications and Broadcasting Ministry said it named seven bidders, including Telekom Malaysia Bhd, for a stake of 20 per cent to 30 per cent
        Bloomberg Business News  -  380 words
      • COMPANY Briefs
        • Article
          NatSteel buys more Broadway shares
          71 8 [SINGAPORE] Nat Steel Ltd yesterday said it acquired 69,000 more shares in newly-listed subsidiary Nat Steel Broadway. This is Nat Steel's third purchase of the latter's shares since its IPO closed one-third undersubscribed this week. Nat Steel now owns 51.63 per cent of the company,
          71 words
        • Article
          New M'sian unit for ITE Electric
          41 8 [SINGAPORE] Electrical product distributor ITE Electric Co's wholly-owned Malaysian subsidiary Electech Distribution Systems has formed a subsidiary, Electech Manufacturing. The unit's issued and paid-up capital has been increased from Ms 2 to M 5500,000 (*****,000).
          41 words
        • Article
          3-D computer goggles from Vikay
          44 8 [SINGAPORE] Vikay Industrial said it had produced a new three-dimensional goggle product, 3-D Spex, in collaboration with US-based subsidiary NuVision Technologies. It is for viewing computer game graphics and is likely to be sold here next month for $150.
          44 words
        • Article
          Lock icon Pac-Can major shareholder lifts stake
          40 8 Bloomberg Business News [SINGAPORE] Chong Lian Him, a major shareholder In Pacific Can Investments Holdings, has lifted his stake to 5.97 per cent. Mr Chong bought 3.5 million shares at $1.03 each. Bloomberg Business News
          Bloomberg Business News  -  40 words
      • Article
        Lock icon Hopewell up as well on sale of Cepa stake
        211 8 Bloomberg Business News [HONGKONG] HopeweU Holdings and Consolidated Electric Power Asia (Cepa) shares rose after Atlanta-based Southern Co agreed to buy Cepa for US$2.7 billion (Ss3.B billion). Shares in Hopewell, an engineering, road and rail company, rose 11.9 per cent to
        Bloomberg Business News  -  211 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        679 8 in a« Mrt> a****'" HH i<u rumi J3-* J04 Jlonqsidt H.n/1759 VM JOT 12.0/0400 St 2 UKWt J01 atansMf 12.10/0730 5S5fi joi Sg mw» mm hoo* 155 JO atai*wd# 22.10/1400 vTtlSr 09/01 J» 8.10/2300 W* J« «««M0 Gmi* 9404 J03 "522S M«K1 0T794 J02 lk»4Wk 12.10/0700 3u 1
        679 words
      • Article
        CONTAINER SCHEDULES
        1429 8 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Booklnq/B«4«nct Isth Snip Voy Wo Etb/Btr Ptrtod from To From i a &£> n IVTT00 12/0*59 U OW i am* ii joc 4 12/1200 B/145* 12/1700 ,vwo 5 a s 12/0700 B/1B) B/MOO 4 12/1200 B/W5) 12/1700 toTSS ooto IA
        1,429 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon FBI sting uncovers graft schemes
        503 9 36 defendants in osUdy, largest single set of arrests ever in industry Reuter [NEW YORK] A far-flung Saup of stock promoters, brors and company officers ;re charged on Thursday participating in bribery schemes, marking the largest *t of arrests ever in the secuSties industry, US
        Reuter  -  503 words
      • Article, Illustration
        Lock icon A B Boveri chief steps down to avoid successor problems
        306 9 FT [ZURICH] Percy Barnevik, ohe of Europe's most prominent corporate leaders, is to step down as chief executive of Maea Brown Boveri, the SwissSwedish company he has forged in less than a decade into one of the world's leading heavy
        FT  -  306 words
      • Article
        Lock icon Shareholders okay US$7b Time Warner-Turner merger
        389 9 Time Warner chief now faces problem of cutting USsl7b debt NYT [NEW YORK] Shareholders of Time Warner Inc and Turner Broadcasting System Inc approved the US$7 billion (Ss9.B billion) merger of the two companies on Thursday. Though the merger has been completed, Time Warner's
        NYT  -  389 words
      • Article
        Lock icon Seagate reports 7% rise in 1st-qtr profit to US$129m
        266 9 Company attributes better-than-expected figures to merger with Conner Reuter [PALO ALTO. California) Seagate Technology Inc on Thursday reported a better-than-ex-pected 7.5 per cent rise in fiscal first-quarter profits as the computer disk-drive maker reduced expenses. Seagate, the biggest maker of devices
        Reuter  -  266 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon JP Morgan earnings down 23%
        473 10 Higher costs, charge offset trading and investment hanking gains at US' fourth-largest bank Bloomberg Business News [NEW YORK] JP Morgan Co's third-quarter earnings fell 23 per cent as higher costs and a charge for subcontracting some operations offset gains from trading and investment banking. The
        Bloomberg Business News  -  473 words
      • Article
        Warnings over open East Asian insurance market
        448 10  -  Firms may fold amid competition, says publication By Soh Tiang Keng [SINGAPORE] Deregulation of East Asian insurance markets will lead to fierce competition that may result in bankruptcies among some Asian insurers. This warning was given by the Asia Insurance Review which expressed
        448 words
      • Article, Illustration
        Lock icon US$: rebound after a breather?
        406 10 USI/mark: After surging to a high of 1.5344 on Oct 3 from a low of 1.5008, trading activities receded once again. As such, the unit was range-bound between 1.5242 and 1.5325 for the first four days of this week. Given the level of daily stochastics,
        Source: DBS Bank  -  406 words
      • Article
        Lock icon Bumper Asian crop puts rice prices under pressure
        288 10 Reuter [LONDON] World rice prices are coming under pressure as exporters compete in a smaller market after a bumper Asian 1996 crop, the UN Food and Agricultural Organisation (FAO) said. The FAO is also expecting a smaller decline in global rice stocks
        Reuter  -  288 words
      • Article
        Stanchart investment banking head resigns
        120 10 [SINGAPORE] London-based Standard Chartered Bank chief executive of global investment banking Garry Southern who oversees Singapore operations under this umbrella has tendered his resignation. Stanchart said yesterday: "Mr Southern, who has guided the repositioning of investment banking over the last two years, will oversee the
        120 words
      • Article
        US$75m loan facility for Indon firm
        143 10 [SINGAPORE] PT Bakrie Sumatera Plantations (BSP) has raised a US$75 million (*****.7 million) loan. The loan signing took place yesterday in Jakarta. The syndicated loan facility is for seven years inclusive of two options at the end of the third and fifth years. The
        143 words
      • Article
        Lock icon Euroyen, Euro$ little changed
        227 10 SSMEXReport Reuter [SINGAPORE) Simex Euroyen and Eurodollar futures ended little changed yesterday as weekend inertia and anticipation of US wholesale inflation and retail sales data, due at 1230 GMT, dampened activity. March Euroyen finished unchanged against its CME close at 99.32 while June ended at 99.18
        Reuter  -  227 words
      • Article
        Lock icon CURRENCY REPORT
        180 10 AFX-Asia, AFP London THE dollar showed little response to the release of weak US September retail sales and producer price data and the subsequent surge in US bond prices, dealers said. An analyst Maydell said the dollar's lack of movement is of little surprise "given that the data
        AFX-Asia,; AFP  -  180 words
      • Article
        Lock icon Asian crude prices steady alter fall
        311 10 ENERGY REPORT Reuter [TOKYO] Crude prices were steady in Asia yesterday as most traders here saw the tumble in oil prices overnight as a brief phenomenon in a fundamentally firm market. Oil prices plummeted on overseas markets as traders rushed to sell heating oil
        Reuter  -  311 words
      • Article, Illustration
        Untitled
        1341 10 RATES V t Petit A$ C$ lw> ECU Ffr Pa HK$ \mt t» Hi** V— Wow M$ HZS EN to Pwo S$ l«6 Sir WT> 6Nt Eowd US$ Australia 1067 6.178 0.631 4.085 1209 6.106 ***** ***** 0.879 6.547 1976 1141 29.253 20.753 5 1593 0.919 ***** 20.093 0.502 0.790
        1,341 words
    • Article
      COMMODITY PRICES
      1790 11 SICOM FUTURES Oct a RUB8IR (hituru clow*) ts M 5.30pm) RSS1 CONTRACTS cwrtsAo) Closo Volum# Opon Month High Low Sott (tonnos) Intorost Nov i76loo mH imM soo 975 Otc 96 177.50 2075 Jan 97 182.50 ***** W0.75 125 1775 Fob 97 183.00 181.50 181.50 125 1775 Mar 97
      1,790 words
    • Article
      WORLD STOCK MARKETS
      2365 11 LONDON Industrials Octn Mki AB Ports 273 4 Abbey National 600.400 5 Allied Domecq 441.400 3 Am* 108.400 .400 Asda Group 108.400 -.600 BAT tad 447.400 14.400 B4CC 297.400 2.400 BOC Group 863.400 1.400 BR Petroleum 696 9.600 BTR 261.400 -2.600 Bank of Scotland 275.400 1 Barclays
      2,365 words
    • Article
      Lock icon TOKYO
      1649 11 Reuter P Nikkei22s +0T.33 STOCKS closed moderately higher yesterday after drifting in a narrow range for most of the day, sandwiched by a national holiday on Thursday and the weekend. Brokers expected the top to be capped next week, as the market lacked factors to stimulate fresh buying. The
      Reuter  -  1,649 words
    • Article, Illustration
      Lock icon HONGKONG
      1578 12 AFXAsia P Hang Seng -24.07 SHARE prices closed lower yesterday amid some uncertainty ahead of the release of US producer prices and retail sales reports for September due later yesterday. Dealers said sharp gains in Hopewell on news that it will raise HK$lO-HK$l2 billion (SSI.B- billion) from the sale
      AFX- Asia  -  1,578 words
    • Article, Illustration
      Lock icon CHINA
      649 12 Reuter CI Shanghai B Share Index -0.36 SHANGHAI B shares ended down yesterday due to overseas liquidation ahead of the weekend and trading was dull on bearish market sentiment, brokers said. The index fell 0.36 point to 48.29 on volume of 4.4 million shares worth US$l.6 million. Brokers said
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  649 words
    • Article
      Lock icon TAIPEI
      381 12 AFP □WP Index -t£o SHARE prices finished lower yesterday as losses by financial issues wiped out gains in textiles and electricals. "Investors took a negative cue from weak performance of financial issues as foreign institutions reduced shareholdings of blue chips," said a trader. The TSE Weighted Price Index declined
      AFP  -  381 words
    • Article, Illustration
      Lock icon JAKARTA
      761 12 AFP V% Composite Index *130 SHARE prices closed 0.6 per cent higher yesterday amid gains by selected heavyweight stocks, brokers said. "We had a little bit of a technical rebound here, primarily in some large cap counters," a trader said. The JSE Composite Index added 3.3 points at 571.23.
      AFP  -  761 words
    • Article, Illustration
      Lock icon BANGKOK
      798 12 AFP n SET Index -OJ4 SHARE prices closed marginally lower yesterday after bar-gain-hunting offset sharp morning losses in finance stocks incurred on concerns over exposure to bad debts from property companies. "Local investors bought finance sector shares for shortterm speculation after the sector suffered continued losses in the morning
      AFP  -  798 words
    • Article
      Lock icon MANILA
      354 12 AFP Q Manila -28.76 SHARE prices closed lower yesterday as the elevation of a critic of President Fidel Ramos to the head of the Philippine Senate weighed on the already depressed market. The PSE Composite Index eased 28.76 points to 2,973.59. Turnover was 6.4 billion shares worth 2.6 billion
      AFP  -  354 words
    • Article
      Lock icon SEOUL
      418 12 AFP Q Composite Index *122 SHARE prices closed higher yesterday as buying interest returned to the market. The Composite Index added 3.22 points at 833.43. Turnover was 53.5 million shares worth 939.4 billion won. Risers beat falls 626 to 289. A dealer said the rally, prompted by expectations of
      AFP  -  418 words
    • Article
      Lock icon SYDNEY
      600 12 AFP Ordinaries •*■13,3 SHARES rose yesterday, buoyed by strength in mining and gold stocks as investors hoped for an interest rate cut. The All Ordinaries Index rose 13.3 points to 2,336.8. Turnover was 375.7 million shares worth A 5731.94 million. BHP ended six cents stronger at A 516.35 while
      AFP  -  600 words
    • Article
      Lock icon WELLINGTON
      263 12 Bloomberg Business News Q Wellington *17J3 SHARES rose as investors sought stocks likely to benefit from an expected left-wing victory in today's election. The NZSE Top 40-share Index rose 17.83 points to 2,249.54. octn *h rwoi AN2 Banking 8.15 -0.20 5807 A0vwrt*9» HkJgs IJO -0.02 6000 Air Na« Zaaland
      Bloomberg Business News  -  263 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks mixed on profit concern
        7930 13 Bloomberg Business News H Compost* Index +LB2 STOCKS were mixed yesterday amid concern that corporate profit growth will weaken next year. "Increased competition and borrowing costs are the key reasons," said an analyst. "I expect corporate earnings to grow at 18 per cent for 1997
        Bloomberg; Business News  -  7,930 words
    • WARRANTS & OPTIONS
      • Article
        Are Kim Eng wrts really cheap?
        3860 14  -  WARRANT WATCH -By] Paul Leo KIM ENG warrants were among the most active counters yesterday with 1.14 million units done. They fell 0.5 cent to 20 cents each. However, their underlying were nowhere near the active list, with only 273,000 shares traded and the
        3,860 words
    • Article
      CLOB INTERNATIONAL
      2305 14 MALAYSIAN STOCKS Or Or t996 Last Vat Day Laat Ouata Ot« M* VM Nat M Cap Hl» Law Stna Company Saia C 000 High Law Buyer UHm H C'vr H P/t $m« 625 360 ms5000 AIS850C 430 Cd unch 9 440 430 430 432 53 4.9 03 898
      2,305 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1013 15 TURNOVER TUtHOVU rooo It* CM VAUKCMf) to* CM >l*«Wll ***** t>1M riMnc* lan 2.490 HtM U44 SO mm un MNm UP K.W M03 WTO Tat* M2M 17,WU SESOAQ HMS 7L4U tXMO IMM V7* 32.403 CM MUN MM sSg M w OJ2» 10.2S4 KIW ui 1.5J4 UN *21 334 334 7.773
        1,013 words
      • Article
        MAIN BOARD
        4394 15 Or 6c M Wt MM laat Vol Bd* Hat Owta Mv Otw YW Hot Cap A»g ttW -|->I~V M« rOOO) Mm> law 8nyar Ufm Or P/I $«i INDUSTRIALS 5146 ASE MT$W 200 US- 1000 900 ASF USS0.01 100 US900 2^3 214 165 1258 Acor 50c US179 *3 SI
        4,394 words
      • Article
        SESDAQ
        903 15 Or Cr M Wl IMt Last Vat Day Laat OMta Ot> H> VH IM 5*5 *9 W» U» WW Cwpw> rOOO> m> U» Bayr Cw Wl <■* Ww 289 135 2000 ABftHMaSc W -3 120 162 W »l W 10 143 0.1 100.6 71* 163 90 66 2049 AS
        903 words
      • Article, Illustration
        HOT STOCK
        70 16  -  *1 Paul Leo CSA HOLDINGS, which rose from a low of $1.13 on July 31 to a high of $1.46 on Oct 3, is facing a temporary seP back. It fill four cents to $1.39 yesterday with 895.000 shares traded. Weekly RSI is in overbought region but 1
        70 words
      • Article, Illustration
        STII loses 34 points amid concerns of slower growth
        904 16  -  STOCK MARKET COMMENTARY Selling was across the board as indicated by all the other major indices, the only saving grace was the low liquidity, say dealers By Paul Leo [SINGAPORE] Shares fell to their lowest level in nearly a year yesterday
        904 words
      • ON THE GRAPEVINE
        • Article
          Siew Kheng to leave UBS
          106 16 LOW SIEW KHENG, head of research at ÜBS Securities in Singapore, is leaving the firm to help her husband, Colin Lee, run Chartered Asset Management. Ms Low, among the more respected analysts in town, defected to ÜBS more than a year ago with nearly half
          106 words
        • Article
          Looking for jobs?
          88 16 ARRIVING at an electronics subcontracting firm for an interview yesterday, our reporter and photographer stopped at the security gatehouse to swap their press passes for identification tags. "We're here to see your MD," said the reporter. "What's the purpose?" snapped the clearly-annoyed security guard. "An interview," she
          88 words
        • Article
          Fourth-quarter comfort
          96 16 IS THE Dow cracking? US-based Prudential Securities does not think so. It said the fourth quarter typically brings good news for equity investors because: the average return in fourth quarters since 1962 has been 4 per cent compared with an overall quarterly average return of 2.9 per cent;
          96 words
        • Article
          Fourth-quarter bets
          88 16 PRUDENTIAL SECURITIES says the industries that outperform the market in the fourth quarter are beverages (soft drinks) which have beaten the market in each of the past 10 fourth quarters, health care, housewares, drugs, tobacco, restaurants, household products and foods. Those that have generally fared poorly in the
          88 words
        • Article
          Tax money
          121 16 A SMUGGLING scam of goods worth US$lO billion (Ssl4 billion) has cheated the Argentinian government of US$3 billion, half of this year's budget deficit. This prompted President Carlos Menem to launch an official investigation into the scandal and put the Customs Service under the responsibility of Carlos Silvani,
          121 words
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      57 7 THE BEST GOLF lI^E^RIVIAD^ f rr l UflM PR MM v lirl'ljld -.1. Af ft MM *f| M M|P* W P ll'* PN I 1 "111 'I I \»V I >»« 0m I «-!L- wilUwulOl ADC wwJ lOTiiwrti i—l u»i.. i m ii*»*\rßMl ifwpi• Mv* IP i i 1 *"**i
      57 words
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      23 9 55^ Congratulations j I to J Asia Pulp Paper Company Ltd. j on your 2nd anniversary. I Here Today. Here Tomorrow. 1 1
      23 words
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      Page 9 Advertisements Column 2
      202 9 SHARE PHONE Jtusr^j The Pioneer in Stock Information Service Paging-On-Demand for stock price 1 Select the counters, such as 8888 for S'pore Telecom, up to 5 counters. 2. Set time table, such as 1630 lor 4:3opm, up to 10 different times. How does it work When the time is reached,
      202 words
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      70 12 Enhan ¥Q Utrnnraj-p i|rmgp I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other I special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be
      70 words
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      66 13 I Sud IP fax«» today! jfe I I tsissszssz nrvuAii en stsl I\* fr can send e-mail 1/1 ¥Ml All anywhere in the wortd for @11*4 Wf'JmM I direct to a fax machine. IvlMlkkl "S" fH iG——— Th e d maM FREE trial of Fax Mailer at a^mMhine^to modem j||
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      84 14 A Trade in your old photocopier, any brand, jfcjjHfejin'r 1 f° r U P t0.../">| >J 1 J CALL JENNY AT 747 9900 ..._MK L I I I m MM. M and find out more about our attractive monthly JL J AHB instalment scheme. 11 rli .iijoiii, iJ" u And
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      5 15 tjjuw $*****0 CELTIC* Iflkt Qatd«StMl
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      136 15 To: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Gen ting Lane Singapore *****7 Te*****-1493 Fax: 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 months Q 6 months Q 3 months at 5560.00 at
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      2568 16 jSH BUSINESS Notk es I <) \I)\IKIISI (ALL lOIL-IKKi: I S 0 0 7 4 I I S S IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CHNG 4c LIM PTE LTD MEMBERS' VOLUNTARY WINDING-UP Al an Extraordinary General Meeting of Chng 4c UmPte
      2,568 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Arrival of the Indon yuppie
      1299 17  -  The middle class in Indonesia has become increasingly visible, s w Vison looks at the impact of their growing spending power S N VASUKI Davidsparkes, vice-president and regional director of market research firm Nielsen-SRG, has lived in Jakarta for over 20 years. He recalls inviting
      FILE PHOTOS  -  1,299 words
    • STRAWS In The Wind
      • Article
        Negative indicators
        44 17 SO YOU think the economy's heading for a downturn? Well, someone who actually thinks he is a walking economy was overheard saying: "My hairline's in recession, my waist is a victim of inflation, and together they're putting me in a great depression."
        44 words
      • Article
        Birds of the same feather
        58 17 IT'S true what they say about beggars not having the right to be choosers. A hopeful suitor went to a computer- dating centre and registered his qualifications. He wanted someone who enjoyed water sports, liked company, favoured formal attire, and was very short. The computer
        58 words
      • Article
        Bad sports
        60 17 WE'VE all had enough of office politics. But we heard a company bulletin board actually made the problem official with this notice: "This firm requires no physical fitness programme. Everyone gets enough exercise jumping to conclusions, running down the boss, flying off the handle, flogging dead horses, knifing
        60 words
      • Article
        Pet names
        41 17 YOU'LL be amazed how little creativity some pet owners have. A dog-lover called her terrier Terry while a catowner called her cat Kitty. Best of all was the woman who called her terrapins you guessed it Terra and Pin.
        41 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon World trade according to the guru
        2574 18  -  Top economist Jagdish Bhagwati analyses trends in world trade and discusses with vjbbam kbamka ways to make the WTO a more efficient body THE RAFFLES Conversation VIKRAM KHANNA During the first ministerial meeting of the World Trade Organisation (WTO) in Singapore this December, somebody
        CHRIS LOH  -  2,574 words
      • Article
        Stop playing the regional game
        435 18 AN AVOWED multilateralist, Jagdish Bhagwati is not the greatest enthusiast of regional or preferential trade agreements and points out that a lot of the claims of "open regionalism" made by apologists for such arrangements are "just bunk". Major traders such as the US and the
        435 words
      • Article
        Need to beef up WTO manpower
        364 18 WE'RE accustomed to thinking of international organisations as flabby and overstaffed. But Jagdish Bhagwati thinks that when it comes to the WTO, the opposite is true. "It's got to the point where even the bone has been shaved off," he says. "The number of
        364 words
    • ART
      • Article, Illustration
        Carvings that tell a story
        1009 19  -  Chong Fah Cheong's latest exhibition is a delightful experience and reveals an eye for die hidden beauty of wood, reports bsnmummb BEN MUNROE A WICKED sense of humour combined with a true empathy for the materials with which he works makes Singaporean sculptor Chong Fah
        1,009 words
    • Article
      A few naked truths about Demi Moore
      608 20  -  CINEMA The USsl2J>m actress is not only boring in the buff, she also fails to flesh ont her role in Striptease By Shahiron Sahari AFTER viewing her incredibly-hyped Striptease, most people will find it hard not to conclude that less is definitely much
      608 words
    • Article, Illustration
      Still not in the swing of things
      586 20  -  CINEMA Poor Kevin Costner. The former darling of Hollywood can't seem to do anything right nowadays, and Tin Cop isn't about to make things better By Corinne Kerk THE MAKERS of Tin Cup seem to think that just because they have Kevin Costner
      586 words
    • Article, Illustration
      Lock icon Sizzling moves from sunny California
      501 21  -  NIGHTSPOT They're new in town, bat the Body Shock Dancers are already raising temperatures at Cairnhill Place By. A Surendren IT REALLY isn't all that shocking. After all, you don't go to a disco or nightclub in Singapore expecting to see something really outrageous or
      ARTHUR LEE  -  501 words
    • Article, Illustration
      WHAT'S ON
      442 21  -  Compiled by Holly Harrison THEATRE Suite Hearts If you missed its dinner theatre debut last month, you can catch this fastpaced adaptation of Neil Simon's play in its five-day run starting on Wednesday. Written by Haresh Sharma, this comedy tracks the shenanigans of three couples in a hotel.
      442 words
    • EPICURE
      • Article, Illustration
        Lock icon Ribs with a view
        837 22  -  It boasts the same interior designers as The Spot On The Hub and is conveniently located at Chijmes. ooumra berk checks out the ambience at Bobby Rubino's CORINNE KERK P OR THE last four years, Singaporeans with sudden cravings for a big platter of ribs tended
        PHOTOS BY CHRIS LOH  -  837 words
      • Article
        Red Burgundy at its best
        919 22  -  WINE CONNOISSEUR A tasting of not one but 12 of Henri Jayer's Bnrgnndies in magnnms is an opportunity that's jnst too good to miss By\ N K Yong WILL the real non-manipulated red Burgundy put up its hand? What does it taste like? This is
        919 words
      • Article, Illustration
        Sausages and oysters galore
        360 22  -  BITS AND BITES Compiled by Corinne Kerk TIS the month of October and Orchard Parade Hotel is celebrating the occasion with Oktoberfest 1996, part of a long-standing German tradition. So you can expect a whole spread of goodies from Germany at the hotel's Cafe Florian. Beer,
        360 words
    • Article, Illustration
      CINEMA
      1165 23 At Ptrst Sight. Jonathan Silverman (The Single Guy) can't follow through with women and his pal Dan Cortese can't commit. Lido, ChangL 12am. Eastshore: 1; 3; 7.15. x* The Babysitter. Clueless' Alicia Silverstone is a freaky babysit- ter men just can't resist. R(A). JEastshore: 1; 3; 7.15. The Baddy
      1,165 words
    • TRAVEL
      • Article, Illustration
        Macau wakes up from its slumber
        1311 24  -  New hotels, apartment blocks and office buildings are changing the Portuguese colony's skyline. It is no longer sleepy or a backwater, reports mark qrahaii MARK GRAHAM SLEEPY colonial backwater. For years, every description of Macau contained those three words, evoking images of a Portuguese
        1,311 words
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      10 17 The Baffles Conversation Jagdish Bhagwati EL 2 ;-rjyag: htfSF'., r
      10 words
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      114 17 Travel Macau wakes up from its OV slumber el 8 ■yMyKS|n| t. ill I I HOLLYWOOD HEROES AT THE REGENT. From Oct. 15th-21st, Northwest Airlines will be flying in some of Hollywood's best known celebrities. Book a table at Capers and discover the unsurpassed talent of Executive Chef Makoto Tanaka
      114 words
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      38 19 ■;ii>i- 4'.J IfPjrai M Jb; S --R. ■>2 J \4 "j ifcr v.. V if *v '^*^8 I 583 Orchard Road #01-42 Forum. Th» Shopping Mai. Singapore M: 733 6272 435 Orchard Rood t*v*( l.lutan Orchard Singapore < V*
      38 words
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      147 20 ARE THE BULLS BACK Find out by reading The Business limes. i THEBL'SINESSTLMES f Suhsmbe to The Budness Times, the paper the maltat mows read. 12 months Business Times at S$ 265J0. I Nome (Mr/Mn/Ms/DO: *9* Address I 'oWxyw No (H): (O): I Occupation, TWFax*: I i want to sutucrtoe
      147 words
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      Page 20 Advertisements Column 2
      111 20 0 ISSHSShIH mJk Kh| I 1.- > X Jfii! 111 tfllllllß 111 »t* 11 (f^E '-bti&A >•■! 111 I I L M i 1 1-tl— I E S Bey ti :> *>%& ?sfc£& &&i ■< 'HI I m W—M ¥%J A V „e i s >. 'J#iai||i|ff*ll||fl|| 1 ill k
      111 words
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      Page 20 Advertisements Column 3
      30 20 Home Decor t -For people who love their homes Suffering from overwork? Travel through the tours section of The Straits Times Classified for that much needed break. f&. CATS. 1800-737-1166
      30 words
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      320 21 Where to wine, dine and entertain EXOTIC H.nA<lnts,t sfare 7- 20 OCTOBER 1996 mH Highlights vBB 3 guest chefs from Indonesia Daily Traditional Dessert Demonstration Traditional Dance every evening HKj Lucky Draw-Win a return ticket to Bali |§BbB and more... JUH Fashion Show-every Friday night Lunch and Dinner at ydsßßj
      320 words
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      Page 21 Advertisements Column 2
      164 21 Have a Bubbly Sunday Brunch with your Family <© Only J $42.00* per adult; $19.00* per child dUV. From 11amto2.30pm w w For reservations, llf JnF/ call 731-7934. Free Parking ROYAL CROWNE PLAZA SINGAPO«f 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 AD prICM are subject to
      164 words
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      Page 21 Advertisements Column 3
      181 21 LONGEST rfi-jea ff fvwrf Now from 12 pm to 5 pm DAILY (Moo-Sunl BY POPULAR DEMAND! $east on our spread of Pastries, Nonya Ktteh, and local favourites like Mee Siam. Laksa, Rojak, Met Rebus and more! Adult: $12.80 (Sat. Sim A Public Holidays 513.50) Child: $7.80 S*6j*cl tervtct ckmrf 4
      181 words
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      Page 21 Advertisements Column 4
      129 21 f—■ i■— BiGQEST Dian Xin Restaurant At The Neptune j on shenton Way i Dian Xin/Lunch 11 /g\ fWpWiMi j 7TH FLOOR. OVERSEAS UNION HOUSE. COU.YER QUAY. SINGAPORE *****1. TEL: 224 3922 C/Kt &7aliAul(wd cMt f/iuiol European Fishes in our Special Healthy Lifestyle Menu with the Xin Touch! 1 Oct
      129 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1897 23 TODAY'S TV BPfinmnwnßn WlUUffjlft r»OBBW»i» g3O Jeneral Soedlrman. ILM AM TV innovations. uo Tamil Art-House Movies „i„«i„^on'fc M r o umir LOO PMGolf APGA96. Festival Moghamul Family classic doesn t scare your xoo 1986 ATP Tour Highlight (See Highlights). J socks Off, nothing Will. In IIJO Songs torn the Movie
      1,897 words
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